NV5 Global Inc (NASDAQ:NVEE) VP Maryjo O’brien sold 2,500 shares of the stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $55.07, for a total transaction of $137,675.00. Following the sale, the vice president now directly owns 69,147 shares in the company, valued at approximately $3,807,925.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of NV5 Global Inc (NVEE) opened at $57.20 on Friday. The stock has a market cap of $623.36, a PE ratio of 25.77, a PEG ratio of 0.94 and a beta of 1.27. NV5 Global Inc has a 1 year low of $35.20 and a 1 year high of $58.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.54 and a current ratio of 2.33.
NV5 Global (NASDAQ:NVEE) last issued its quarterly earnings results on Thursday, March 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.08. The business had revenue of $93.98 million for the quarter, compared to analysts’ expectations of $96.35 million. NV5 Global had a net margin of 7.21% and a return on equity of 15.89%. research analysts expect that NV5 Global Inc will post 3.07 EPS for the current fiscal year.
Several analysts have recently issued reports on the stock. BidaskClub raised shares of NV5 Global from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $58.80.
A number of large investors have recently modified their holdings of NVEE. EAM Investors LLC raised its holdings in NV5 Global by 225.7% in the third quarter. EAM Investors LLC now owns 97,378 shares of the business services provider’s stock valued at $5,322,000 after acquiring an additional 67,484 shares in the last quarter. Eagle Asset Management Inc. acquired a new stake in NV5 Global in the fourth quarter valued at approximately $3,475,000. Dimensional Fund Advisors LP raised its holdings in NV5 Global by 18.3% in the third quarter. Dimensional Fund Advisors LP now owns 412,106 shares of the business services provider’s stock valued at $22,522,000 after acquiring an additional 63,889 shares in the last quarter. Pier Capital LLC raised its holdings in NV5 Global by 29.1% in the fourth quarter. Pier Capital LLC now owns 162,926 shares of the business services provider’s stock valued at $8,822,000 after acquiring an additional 36,731 shares in the last quarter. Finally, BlackRock Inc. raised its holdings in NV5 Global by 7.9% in the fourth quarter. BlackRock Inc. now owns 499,608 shares of the business services provider’s stock valued at $27,054,000 after acquiring an additional 36,511 shares in the last quarter. 56.52% of the stock is currently owned by hedge funds and other institutional investors.
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About NV5 Global
NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. It focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions.
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